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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Fatehelrahman Yousif

Saudi Arabia to Disclose Size of Recreational, Tourism Projects

Saudi Arabia is achieving rapid growth in entertainment activities, with the aim to stimulate investments in the sector. (Asharq Al-Awsat)

A Saudi official revealed a plan to expand the tourism sector and attract domestic and foreign investment, noting that the Ministry of Investment will soon announce the size and number of new entertainment and tourism projects in the Kingdom for 2023.

Eng. Bahaa A. Abdulmajeed, business development manager for tourism and entertainment at the Ministry of Investment, told Asharq Al-Awsat that work was underway with the concerned authorities on an investment plan to develop the entertainment sector, which would identify the potentials, the incentives and the challenges facing private institutions.

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